San Diego on Monday posted an availability notice for the 48.5-acre site in the Midway-Pacific Highway community that includes the Sports Arena area, telling developers the city intends to lease the location for the redevelopment.
Interested developers must include in their proposals at least 25% of the units proposed as affordable. Preference will be given to developers with the highest number of affordable units offered and the highest levels of affordability.
âSan Diego has a rare opportunity to remake a part of the city that is in desperate need of revitalization,â said Mayor Todd Gloria. âAt the same time, this offers a chance to create a significant number of new homes for the people of San Diego, which allows us to take a big bite out of our housing crisis.
âI look forward to a public and transparent redevelopment process that complies with the state’s surplus land law and ends in a project that all residents of San Diegan can be proud of,â he said. .
On September 21, the San Diego City Council voted unanimously to declare the sports arena site as surplus land as defined by the California Department of Housing and Community Development. The declaration also includes a condition which states that “future development includes the renovation or replacement of the current city sports arena on the property as a regional entertainment venue and the operation of this venue for concerts, sports and other events, in accordance with similar arenas in major cities in the United States. “
NBC 7’s Derek Togerson shares some exciting potential plans for the Sports Arena site.
The redevelopment of the sports arena site is included as part of the updated Midway-Pacific Highway Community Plan, which began in 2010 and serves as a model for future development in the neighborhood. The plan envisions the Sports Arena Community Village, which would include a mix of entertainment, office, retail, residential, public and park uses.
“We are delighted to begin the process of soliciting proposals of interest for the redevelopment of this important site in the Midway district,” said Penny Maus, director of the city’s real estate and airport management department. âWith affordable housing and the preservation of the use of regional entertainment venues as part of future plans, the formation of development teams is strongly encouraged to create cohesive plans that will benefit San Diegans for years to come. “
Proposals must be submitted to the city within 60 days. Those interested can consult the official notice of availability on the website of the Department of Real Estate and Airport Management.
San Diego City Council members Chris Cate and Jennifer Campbell are calling for voting action to remove a 30-foot height limit on the redevelopment of the building in the heart of the Sports Arena area.
If proposals are received that comply with the Surplus Land Act and NOA requirements, then municipal staff will enter into a 90-day good faith negotiation period with one or more developers to identify key terms and refine them. elements of the proposals received. Staff will then present an update to the city council’s land use and housing committee and full council – expected in early 2022.
If the city does not receive proposals that comply with the Surplus Land Act and the NOA, it will seek advice from the committee and council before issuing a request for proposals.